# Strata Document Review Checklist

> Strata document review is where Coquitlam buyers either save themselves $30,000–$200,000 in surprise costs, or buy a building with hidden problems.

**Source:** https://soldbycraig.ca/strata-document-review-checklist-bc/  
**Author:** Craig Johnston, REALTOR® (BC Licence V99960) · The MACNABS · Royal LePage Elite West  
**Site:** https://soldbycraig.ca

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Coquitlam · Strata review

## Strata document review — the actual checklist.

Strata document review is where Coquitlam buyers either save themselves $30,000–$200,000 in surprise costs, or buy a building with hidden problems. Here is the line-by-line checklist used by experienced Coquitlam buyers' agents.

[Book a Strategy Call](/book-a-strategy-call-with-craig-johnston/)
[Call Craig — 604-202-6092](tel:+16042026092)

Quick Answer

What should you know about Strata Document Review Checklist Bc?

Strata document review is where Coquitlam buyers either save themselves $30,000–$200,000 in surprise costs, or buy a building with hidden problems. Here is the line-by-line checklist used by experienced Coquitlam buyers **Craig Johnston, Top 1% Team Member — Greater Vancouver REALTORS®** and 47+ year Tri-Cities resident, can walk you through the local context. Free Strategy Call ends with a written one-page plan in 24 hours.

Strata review · Coquitlam

## The strata documents you receive — and what to look for in each.

When you buy a Coquitlam strata property (condo, townhome, or strata-titled detached), you receive a stack of strata documents during your subject period. Reading them properly is non-negotiable. The BC Strata Property Act requires sellers to provide them. The buyer's job is to actually read them.

### Form B (Information Certificate)

Current strata fees, current monthly contribution to the contingency reserve fund (CRF), current special assessments levied or pending, parking/storage assignments, any unpaid amounts owed by the seller, any pending court actions. Read carefully for special assessments — these can be $30K–$200K+.

### Two years of strata council minutes

Read every line. Look for: plumbing leaks, building envelope issues, elevator problems, owner disputes, deferred maintenance discussions, depreciation report follow-ups, repeated water-damage incidents, recent special assessments.

### Strata bylaws

Pet restrictions, rental restrictions, age restrictions (e.g., 19+ or 55+), parking allocation rules, BBQ rules. Critical if you plan to rent the unit, have pets, or are buying for a younger family member.

### Strata depreciation report

Mandatory in BC for stratas of 5+ units. 30-year capital plan showing major repairs and replacements upcoming. Forecast costs and current funding. If the depreciation report shows $5M of repairs due in 5 years and the CRF has $400K, you are looking at material special assessments coming.

### Two years of strata financial statements

Current CRF balance, operating fund balance, recent expenditures. Confirm the strata is not running deficits.

### Strata insurance certificate

Building insurance details. Recent BC strata insurance market hardening means some buildings have major deductibles ($25K–$250K) that owners are responsible for funding.

## Talk to a Coquitlam REALTOR® who knows.

Craig Johnston is a 47-year Coquitlam resident and licensed REALTOR® at The MACNABS, Royal LePage Elite West. Top 1% Team Member — Greater Vancouver REALTORS®. Talk through your specific situation — no pressure, no obligation.

[Book a Strategy Call](/book-a-strategy-call-with-craig-johnston/)
[Call 604-202-6092](tel:+16042026092)
[Email Craig](mailto:Craig@SoldByCraig.ca)

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